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CTT Systems AB (OSTO:CTT) E10 : kr4.90 (As of Mar. 2024)


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What is CTT Systems AB E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

CTT Systems AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr1.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr4.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CTT Systems AB's average E10 Growth Rate was 29.60% per year. During the past 3 years, the average E10 Growth Rate was 17.80% per year. During the past 5 years, the average E10 Growth Rate was 19.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of CTT Systems AB was 19.70% per year. The lowest was 13.40% per year. And the median was 17.80% per year.

As of today (2024-05-28), CTT Systems AB's current stock price is kr361.00. CTT Systems AB's E10 for the quarter that ended in Mar. 2024 was kr4.90. CTT Systems AB's Shiller PE Ratio of today is 73.67.

During the past 13 years, the highest Shiller PE Ratio of CTT Systems AB was 219.61. The lowest was 39.57. And the median was 66.85.


CTT Systems AB E10 Historical Data

The historical data trend for CTT Systems AB's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CTT Systems AB E10 Chart

CTT Systems AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 2.76 2.76 3.62 4.51

CTT Systems AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.78 4.03 4.23 4.51 4.90

Competitive Comparison of CTT Systems AB's E10

For the Aerospace & Defense subindustry, CTT Systems AB's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CTT Systems AB's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CTT Systems AB's Shiller PE Ratio falls into.



CTT Systems AB E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, CTT Systems AB's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.96/132.2054*132.2054
=1.960

Current CPI (Mar. 2024) = 132.2054.

CTT Systems AB Quarterly Data

per share eps CPI Adj_EPS
201406 0.100 100.432 0.132
201409 0.760 100.161 1.003
201412 0.632 100.225 0.834
201503 0.530 99.950 0.701
201506 0.540 99.995 0.714
201509 0.300 100.228 0.396
201512 0.350 100.276 0.461
201603 0.640 100.751 0.840
201606 0.780 101.019 1.021
201609 0.770 101.138 1.007
201612 0.806 102.022 1.044
201703 0.960 102.022 1.244
201706 0.960 102.752 1.235
201709 1.070 103.279 1.370
201712 0.782 103.793 0.996
201803 0.800 103.962 1.017
201806 1.520 104.875 1.916
201809 1.730 105.679 2.164
201812 1.510 105.912 1.885
201903 1.440 105.886 1.798
201906 2.100 106.742 2.601
201909 2.310 107.214 2.848
201912 1.540 107.766 1.889
202003 1.450 106.563 1.799
202006 0.480 107.498 0.590
202009 0.400 107.635 0.491
202012 0.150 108.296 0.183
202103 -0.260 108.360 -0.317
202106 0.490 108.928 0.595
202109 0.560 110.338 0.671
202112 0.340 112.486 0.400
202203 0.760 114.825 0.875
202206 1.210 118.384 1.351
202209 1.900 122.296 2.054
202212 1.420 126.365 1.486
202303 1.430 127.042 1.488
202306 1.980 129.407 2.023
202309 2.020 130.224 2.051
202312 2.190 131.912 2.195
202403 1.960 132.205 1.960

Add all the adjusted EPS together and divide 10 will get our e10.


CTT Systems AB  (OSTO:CTT) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

CTT Systems AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=361.00/4.9
=73.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of CTT Systems AB was 219.61. The lowest was 39.57. And the median was 66.85.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


CTT Systems AB E10 Related Terms

Thank you for viewing the detailed overview of CTT Systems AB's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


CTT Systems AB (OSTO:CTT) Business Description

Traded in Other Exchanges
Address
Brukslagarvagen 5, Box 1042, Nykoping, SWE, 61129
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for existing aircraft fleets. Geographically company generates the majority of its revenue from Denmark.

CTT Systems AB (OSTO:CTT) Headlines

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